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Shaanxi Natural Gas plans to acquire Shaanxi Gas Group's gas transmission assets and business for 1.53 billion yuan.
On September 30th, Jin10 Data reported that Shaanxi Natural Gas announced at noon that in order to solve the problem of peer competition and improve the quality of the listed company, the company plans to use cash to acquire the natural gas pipeline transportation assets and business held by Shaanxi Gas Group Co., Ltd. The transaction price is about RMB 1.53 billion.